Real Estate Talks

" Your old fixer-upper was prime for a land assembly until the new McMansion went up next door. Now only your place and the corner house next to you are financially viable candidates for assembly. Two lots are not big enough for anything really interesting. Previously your side of the street was pr...

Think there will be compliance as far as the permits go? The fines can be levied against the Title, but as I said before the enforcement will be overwhelmed and the Owners will be about as concerned with compliance as the Pot Shop Owners are/were. Once interest rates go up the AirBnB price model wil...

To be able to answer your question would require more information specific to your Property than would be advisable to disclose on an internet forum. For now your best course of action would be to see how many of your immediate neighbors share your concerns. Then speak clearly and in one voice to th...

G E Y S E R ! ! Hi ! Interesting take on AirBnB...They will never enforce it though. FWIW I think your take and timing on the state of the local market was/is spot on. We need some downward pressure on prices now.....If the pricing correction becomes event driven (interest rates, recession, ) The do...

You can be a "Bear" and both sell and re enter the Market. Agreed. but at the end of day, jim has to account all the coins he got in his pocket to see if he is a winner or loser by timing market. Vancouver condo prices increasing over 2% per month since Jan 2017, it is not a good news for him. :P I...

You can be a "Bear" and both sell and re enter the Market. Say you sell a Single Family Home and re enter the market the next day with a smaller home, or a Condo. Provided the asset is not exactly the same as the one you divested your acquisition becomes a "Hedge" or "Pivot" from your previous Home....

Eh? Living in ur mother in law's basement you never understand what's going on in the real world. The condo market is so hot anyone who wants a piece has to provide a clean offer, no subjects.  When you got the accepted contract and take it to the bank for the mortgage, bank may or may not give Tha...

Hey Thompson!!! I figured you would have been at the front of the line for the Condo Craze.....I think that its a pretty safe move. Prices being what they are you would think they will cash flow, and liquidity isnt going to be an issue moving forward. Hope you have been well. In answer to you JT. I ...

Wonder if anyone is thinking that Condos are the new ticket to acquire.  The metrics of affordability are such that I know a few folks that are acquiring a portfolio of Condos as rental stock. Trick is that you need to acquire new ones  so you establish them as rentals before formation of strata cou...

Anyone think the worm is starting to turn?  Lagging Stock Market in global terms. Home Prices are Crazy, Wages are stagnant and NDP/Green alliance has an ominous feeling about it. Not to mention the Trudeau Honeymoon is a distant memory. Foreign Buyers Tax?..Not as worried about that as much as Chin...

Wow
This idiot is still yelling in an empty room....Sad

Holy Fortune Cookies Batman....How much of Canada will be owned by Chinas Government once the precedent is established?

Here's the first article I found on liar loans..haha, and um I have subscriptions to both the Globe and The Sun so I get my share of business news...thanks! http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2010/12/garth-turner-the-housing-crash-liar-loans-more.html . Your google must ...

Desirable markets down south showed rents remaining strong, and subsequently skyrocketing shortly after their RE fiasco. I would expect the same here;  Increase demand for Vancouver once (if?) prices ever reach lower levels. Inability of new residents to buy due to multitude of issues; Credit restr...